Quick charity verification for Our Place In New York Inc (EIN: 113463309)
Verdict: Our Place In New York Inc appears trustworthy
85/100Mission Score
$7.0MRevenue
$4.6MAssets
2Red Flags
4Strengths
Red Flags
Significant revenue and expense fluctuation in 202109 ($0 reported for both) requires clarification.
Operating deficit in the most recent fiscal period (202309) where expenses exceeded revenue by $819,694.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds away from executive salaries.
Strong growth in revenue over the past decade, from $1.7 million in 201509 to over $6 million in recent periods.
Relatively low liabilities compared to assets, indicating good financial stability.
Consistent filing of IRS Form 990s, demonstrating a commitment to transparency.
Spending Breakdown
How Our Place In New York Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Our Place In New York Inc
Is Our Place In New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Our Place In New York Inc (EIN: 113463309) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Our Place In New York Inc a good charity to donate to?
Our Place In New York Inc has a Mission Score of 85/100. Revenue: $7.0M. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Our Place In New York Inc?
The Employer Identification Number (EIN) for Our Place In New York Inc is 113463309. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Our Place In New York Inc spend its money?
Our Place In New York Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Our Place In New York Inc's tax-exempt status?
You can verify Our Place In New York Inc's tax-exempt status using EIN 113463309 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Our Place In New York Inc demonstrates generally sound financial health, though recent trends show some fluctuations. In the latest reported period (202309), the organization experienced a deficit, with expenses of $6,824,739 exceeding revenue of $6,005,045. This follows a strong surplus in the prior period (202209) where revenue significantly outpaced expenses ($6,492,002 vs. $5,225,015). The organization's assets have shown growth over the past few years, reaching $4,721,725 in 202309, indicating a stable asset base. Liabilities remain relatively low, suggesting good financial management and limited debt burden.
Spending efficiency appears to be a strength, particularly given the consistent reporting of 0% officer compensation across all available filings, which is a strong indicator of resources being directed towards programmatic activities rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation suggests a lean operational structure. The organization's revenue has generally trended upwards over the past decade, from $1.7 million in 201509 to over $6 million in recent years, demonstrating growth in its funding base.
Transparency is high regarding executive compensation, as the consistent 0% officer compensation is clearly reported. The consistent filing of IRS Form 990s over many years also indicates a commitment to public disclosure. However, without more detailed expense breakdowns (e.g., program vs. admin vs. fundraising percentages), a complete assessment of spending efficiency beyond executive compensation is limited. The significant revenue fluctuation in 202109 (reported as $0) warrants further investigation to understand if this was an anomaly or a reporting issue.